Posts with tag: blog
Apple Q1 earnings beat expectations but iPhone revenue falls short; China sales disappoint
Published on: January 31, 2025, 09:01 AM UTC
Swiss judges to rule in Trafigura corruption trial involving alleged Angolan bribes
Published on: January 31, 2025, 09:00 AM UTC
US stocks gained momentum on Thursday afternoon as investors digested earnings from major tech companies and awaited Apple's results for insights into the prospects of the tech industry.
Published on: January 31, 2025, 01:01 AM UTC
Boot Barn Holdings Inc. (BOOT) reported fiscal third-quarter earnings of $75.1 million, or $2.43 per share, topping Wall Street expectations of $2.38 per share. Revenue was $608.2 million, meeting forecasts. The company expects full-year earnings to be $5.81 to $5.90 per share, with revenue ranging from $1.91 billion to $1.92 billion.
Published on: January 30, 2025, 10:06 PM UTC
Blackstone in talks to buy stake in New York office building from JPMorgan Asset Management institutional investors
Published on: January 30, 2025, 07:04 PM UTC
The Federal Reserve is adopting a wait-and-see approach before adjusting interest rates, due to a strong economy and inflation concerns. A new GDP report shows positive consumer spending growth, while a PCE inflation report due out Friday could reinforce the Fed's cautious stance.
Published on: January 30, 2025, 06:01 PM UTC
American Airlines CEO expresses condolences for tragic flight collision near Reagan Washington National Airport, resulting in 28 confirmed fatalities; cause of the accident is under investigation.
Published on: January 30, 2025, 05:03 PM UTC
DeepSeek, an AI startup, shakes up the AI market, raising questions about the future of AI training costs and the valuations of companies like Nvidia (NVDA) and Microsoft (MSFT).
Published on: January 30, 2025, 04:03 PM UTC
US stocks rose Thursday on strong economic data and upbeat tech earnings. The S&P 500 gained 0.4%, the Nasdaq 100 climbed 0.5%, and the Dow Jones Industrial Average held steady. Tesla, Meta Platforms, and Mastercard reported strong results, while Microsoft and United Parcel Service disappointed. Inflation-adjusted GDP grew an annualized 2.3% in Q4, beating expectations and supporting risk assets.
Published on: January 30, 2025, 03:05 PM UTC
American Airlines CEO expresses condolences for fatal plane crash victims
Published on: January 30, 2025, 02:04 PM UTC